Ten Questions Home Buyers and Sellers are Currently Asking, Question Number Two

Ten Questions Home Buyers and Sellers are Currently Asking, Question Number Two.  Click here to see the first question.

Where will interest rates be in 12 months?The experts predict future interest rates.

Historic interest rates are much higher than current rates.

 

 

 

 

 

Ten Questions Home Buyers and Sellers are Currently Asking, Question Number One

Ten Questions Home Buyers and Sellers are Currently Asking, Question NIs the housing market stalling? umber One.

 

 

 

  The two graphs below make it quite clear that the real estate market is not in the doldrums.

Pending home sales are still strong as of August 2014

Home sales in Central Kentucky still remain strong even though they may not be as strong as the National average.

Home sales have been increasing this summer.

There is still lots of uncertainty in the housing market. This graph shows homes are continuing to sell.

New Listing in highly coveted Meadowthorpe!

New Listing in highly coveted Meadowthorpe!

This is the time to buy!  Great interest rates!  Terrific team to help you with your purchase.  Excellent weather to really find out what your new home looks like before the leaves fall.  Outstanding new listing at 1487 Townley Drive in Meddowthorpe.

Four bedrooms and two full baths with many upgrades set them home apart.

Four bedrooms and two full baths in a home better than new in a terrific neighborhood!

This home is better than new.  Better heating and cooling system with two new heat pumps installed in 2012.  The mitsubishi is heating and cooling the upstairs with amazing efficiency.  There is a super quiet unit in each upstairs bedroom. There is also a backup gas heat source for those very cold winter days when heat pumps are not efficient.

The gleaming hardwood floors on both the first and second levels have just been refinished.  The home also sports a beautiful new paint job and remodeled bathrooms.  The kitchen has many updates and the home has newer highly efficient windows throughout.

Refinished hardwoods at 1487 Townley Drive, Lexington KY 40511

Refinished hardwoods at 1487 Townley Drive, Lexington KY 40511

Outdoor splendor!  The front yard has a yellow tulip poplar that blooms in the spring and a crimson maple that turns bright red in the fall.  The back of the home as a deck the full length with easy access to the very large yard and the huge newer storage shed.  The organic gardener has rich soil that currently is yielding tomatoes and eggplant.

Call Paul 859 684 580 to see this splendid home.

Great space to entertain with a full deck in this newly listed Meadowthorpe home.

A large lot, huge deck and great garden space with rich soil make this an ideal home for the family in Medowthorpe.

Waiting Can be Costly. Home Buyers Now is the Time to Buy!

Projected price increases through 2018

Projected price increases through 2018

Waiting Can be Costly.  Home Buyers Now is the Time to Buy

Buying power decreases with interest rate increases.

Buying power decreases with interest rate increases.ices are on the increase and projected to continue increasing for the next few years!This is the time to buy!

Higher prices combined with higher interest rates is a double dose of bad news for home buyers.

The chart below is a graphic that shows what happens to buying power as interest rates increase.  This is magnified when prices are increasing also.

Great price on lots near Houston Oaks Golf Course in Paris Kentucky

Great price on lots near Houston Oaks Golf Course in Paris Kentucky

These beautiful lots are less than 20 minutes from Lexington and about a mile from Paris Kentucky, the horse capital of America.  The lots range in price from $40,00 to $66,000.

Nine of the lots are on Cross Creek Drive and a very short walk to the golf course.  Some of these lots on Cross Creek Drive appear to have views of the lake.  These lots range from .241 acres to .4080 acres and range in price from $40,000 to $43,000.  The lots the Jubilee Team is marketing are shaded in blue on the map below.  They are all located above the golf course and lake.  Lots number 107, 109, 42, 41 and 40 may have possible views of the lake and golf course.  Check with your builder of course before buying a lot. Do you need a builder?  The Jubilee Team will be glad to help you find just the right builder to accomplish your dreams.

Click here for an aerial photo of the lake and golf course.

Lots on Cross Creek Drive near Houston Oaks Golf course.

Great lots for sale very near Houston Oaks Golf course in Paris Kentucky.

Dream lots Just Listed by The Jubilee Team at Houston Oaks Golf Course in Paris

Beautiful lots available NOW in Paris Ky at Houston Oaks Golf Course.

Fulfill your dreams of living in beautiful Bourbon County on a golf course.
Kentucky’s Bluegrass available on a golf course only 17 minutes from Lexington. Houston Oaks Golf lots may be too good to be true if you don’t hurry out to see them now!

Just driving to Paris Kentucky is a wonderful scenic trip.  Only 17 miles from Lexington just before you arrive in Paris is a treasure worth discovering.   Houston Oaks Golf Course is built around two beautiful lakes with bluegrass beckoning.  The one way street into Houston  Oaks encourages peace and calm and the large number of available lots right now give buyers a great choice to build their dream home.

Get Ready, Get Set, Get Pre-Qualified and you Can, GO buy a home!

Get Ready, Get Set, Get Pre-Qualified and you Can GO buy a home!

Get serious about buying a home and work with a loan officer to get pre-qualified.  Calling realtors and looking at homes without being pre-qualified is like going shopping for a new computer, wasting the time of a geeky salesperson and not having any money or even a credit card to pay.  Call CJ Cunningham with Rector Hayden Mortgage to get pre-qualified!  859-983-7557

To Buy I have to Apply

This is a great time to buy! Get Pre Approved Now!

Do you like to eat?

Do you like to eat?

My good friend Phil Clark is a beekeeper  here in Lexington and he is very active in the Bluegrass Beekeepers Association.  If  you like to eat then please read what Phil writes below.

“As a gardener you have noticed that you aren’t seeing many if any honey bees.  Well the feral honey bee population is almost gone.  The honey bee population has dropped by 50% over the last 50 years and do you realize that 1 in 3 bites of your food comes from honey bee pollination.  If you are interested in becoming a beekeeper or have been a beekeeper you might want to come to the Bluegrass Beekeepers Association Bee School on Saturday March 8.  The school is located on the Kentucky State University campus in Frankfort, KY.  For information about the school go to bluegrassbeekeepers.blogspot.com  We would love having you at the school. “

Quality Photos are Critical Because Most Buyers Shop On Line

Quality Photos are Critical Because Most Buyers Shop On Line

It is shocking to me that the majority of  photos used to show homes on the internet are of poor quality.  Since most people choose the homes they will visit on line it is most important that the photos are top quality.  Consider it a “first impression.”  (And we all know how powerful first impressions can be.)  If you want a Realtor team that understands what it takes to sell homes then click on this link to see a comparison between our photos and the average Realtor photos.

Buyers use the Internet to Find Their New Homes

Professional photos are the key to getting your home sold. Buyers are using the internet 90 percent of the time to find their homes.

Lovely 3 bedroom and two bath home for sale only 15 minutes from Lexington Ky

Lovely 3 bedroom and two bath home for sale only 15 minutes from Lexington Ky

Both baths have been remodeled.  The master bath has a garden tub and a walk in closet.  The country kitchen opens to the living room and is adjacent to the large laundry/mud room.  The mud room opens to the deck which makes keeping the house clean quite easy. Call Paul Campbell at 859 684 5890 to see this lovely home.